**Всего публикаций в данном разделе:**106

# Книги

Авторы: |

Названия: |

Опубликовано на портале: 21-01-2004

Authors develop a model that captures important features of debt crises of the Brazilian
type. Its applicability to Brazil lies in the fact that (1) in Brazil the macro fundamentals
were sound (e.g., a primary surplus, a relatively low debt/GDP ratio, etc.); and
(2) in the Brazilian case the trigger appears to be the forthcoming elections, with
an expected regime change.

Опубликовано на портале: 31-12-2003

*Roberto J. Garcia*

Durban, 2003

The Uruguay Round of GATT introduced market disciplines to international
trade in agricultural
commodities. However, in cases where countries negotiated the right to
limit market access, support
domestic production at high levels and subsidize exports, the spirit of the WTO rules
have been violated. The
Norwegian meat market (beef, pork, lamb and mutton, and chicken) situations
are studied in terms of the
policy implications and WTO commitments. If Norway's policy objective is
to target some level of
production that satisfies its non-trade concerns, then semi-decoupled income
support could be an
improvement over a policy mix that simultaneously restricts market access, provides
domestic support and
applies export subsidies.

Опубликовано на портале: 30-11-2003

*Shyamal K. Chowdhury*

2003

This paper assesses the impact of access to information on farm household.s factor
market participation. The
paper tries to answer two questions. First, does use of telephone have any impact
on farm household's factor
market participation decision? Second, correcting for market participation, does
use of telephone have any
impact on the type of factor adjustment decision? For the first question, the paper
uses a bivariate probit to
correct for omitted variable bias and for the second question, the paper uses a two
stage probit. Empirical
findings of this paper suggest that access to information in the form
of use of telephone has significant
positive impact on factor market participation. The difference in market
participation between telephone
users and nonusers is around 14 percent. However, once a household participate
in the market, the use of
telephone does not have any impact on specific factor market participation.

Опубликовано на портале: 04-01-2004

*Karen Macours*,

*Johan Swinnen*

Boston: Kluwer Academic Publishers, 2000, 9-35 с.

Economic reforms have induced different output and productivity changes in Russia,
China and the transition countries of Eastern Europe. The main objective of this
paper is to analyze what has caused these differences in performance. We discuss
how initial conditions and reform policy choices affect changes in property rights,
production organization, terms of trade, and the liberalization of the economy.
We analyze how these, in turn, have affected economic performance.

The hypotheses are tested by quantitative analysis. We conclude that it is a combination of both initial conditions and reform policy choices which has caused the differences in performance.

The hypotheses are tested by quantitative analysis. We conclude that it is a combination of both initial conditions and reform policy choices which has caused the differences in performance.

**A Course in Financial Calculus**[книги]

Опубликовано на портале: 13-08-2004

*Alison Etheridge*

Cambridge: Cambridge University Press, 2001

Finance provides a dramatic example of the successful application of advanced mathematical
techniques to the practical problem of pricing financial derivatives. This self-contained
text is designed for first courses in financial calculus aimed at students with a
good background in mathematics. Key concepts such as martingales and change of measure
are introduced in the discrete time framework, allowing an accessible account of
Brownian motion and stochastic calculus: proofs in the continuous-time world follow
naturally. The Black-Scholes pricing formula is first derived in the simplest financial
context. The second half of the book is then devoted to increasing the financial
sophistication of the models and instruments. The final chapter introduces more advanced
topics including stock price models with jumps, and stochastic volatility. A valuable
feature is the large number of exercises and examples, designed to test technique
and illustrate how the methods and concepts can be applied to realistic financial
questions.

**A Course in Game Theory**[книги]

Опубликовано на портале: 13-02-2007

*Martin J. Osborne*,

*Ariel Rubinstein*

Cambridge, Mass: MIT Press, 2006, 368 с.

A Course in Game Theory presents the main ideas of game theory at a level suitable
for graduate students and advanced undergraduates, emphasizing the theory's foundations
and interpretations of its basic concepts. The authors provide precise definitions
and full proofs of results, sacrificing generalities and limiting the scope of the
material in order to do so. The text is organized in four parts: strategic games,
extensive games with perfect information, extensive games with imperfect information,
and coalitional games. It includes over 100 exercises.

Опубликовано на портале: 25-10-2003

Macroeconomics began as the study of large-scale economic pathologies such as prolonged
depression, mass unemployment and persistent inflation. In the early 1980s rational
expectations and new classical economics dominated macroeconomic theory, with the
result that such pathologies can hardly be discussed within the vocabulary of the
theory. This book evolved from the authors' profound disagreement with that trend.
It demonstrates not only how the new classical view got macroeconomics wrong, but
how to go about doing macroeconomics the right way.

Опубликовано на портале: 27-10-2003

This intellectual biography of Solomon Barkin focuses on his position as Chief of
Research of the Textile Workers Union of America when he was a trail blazer in the
field of union studies. The book also covers his contributions in institutional economics
and his role as an active worker in the union movement pushing for ways of achieving
balance through economic policy in the American economy. Forewords are by Clark Kerr
and Solomon Stettin. The book is appropriate for library collections and students
and scholars in labor economics, labor management relations and industrial organizations.

Опубликовано на портале: 11-01-2003

*Michael M. Hutchison*

2003

This paper investigates the output effects of IMF-supported stabilization programs,
especially those introduced at the time of a severe balance of payments/currency
crisis. Using a panel data set over the 1975-97 period and covering 67 developing
and emerging-market economies (with 461 IMF stabilization programs and 160 currency
crises), authors find that currency crises even after controlling for macroeconomic
developments, political and regional factors significantly reduce output growth for
1-2 years. Output growth is also lower (0.7 percentage points annually) during IMF-stabilization
programs, but it appears that growth generally slows prior to implementation of the
program. Moreover, programs coinciding with recent balance of payments or currency
crises do not appear to further damage short-run growth prospects. Countries participating
in IMF programs significantly reduce domestic credit growth, but no effect is found
on budget policy. Applying this model to the collapse of output in East Asia following
the 1997 crisis, we find that the unexpected (forecast error) collapse of output
in Malaysia where an IMF-program was not followed-- was similar in magnitude to those
countries adopting IMF programs (Indonesia, Korea, Philippines and Thailand).

Опубликовано на портале: 28-11-2003

*Miriam E. Berges*,

*Karina S. Casellas*

2002

The purpose of this paper is to provide some microeconomics tools to discuss and
evaluate public policies that imply transfers of income from the public sector to
the poor
and their impact on their food demand and calories and nutrient intakes. This study
is
concerned with the differences in subsistence expenditures, own-price elasticities
and
income elasticities for two households groups segmented by income: those people below
the poverty guideline and those above it.
The attention of our research is focused on a demand system for all food groups
included in a National Consumption Survey and examines the household food consumption
behavior by partitioning the sample. A complete system of demand equations, the Linear
Expenditure System (LES), has been used due to its relative empirical expediency.
Some
additional econometric techniques to correct the bias in the parameter estimates
were also
applied because of the large number of zero observations in the data. Preliminary
estimations following the procedure suggested in the Park et al. (1996) paper, gave
some
results that they were not as good as we expected and we finally use an alternative
one
based on Shonkwiler and Yen (1999).

Опубликовано на портале: 30-11-2003

*Ольга Валерьевна Шик*

2002

The conventional PSE’s methodology doesn’t provide adequate estimation
of
agricultural support for the economy in transition. In this paper we attempt to adjust
PSE’s methodology for Russian economy, and also coefficients’ analysis
and
interpretations are adapted for transitional conditions. Investigation showed that
the
level of agricultural support in Russia is much lower than conventional methodology
estimates.

**Advanced Macroeconomics**[книги]

Опубликовано на портале: 14-01-2003

*Patrick Minford*,

*David Peel*

Northampton: Edward Elgar, 2002

Since the rational expectations revolution in macroeconomics, the subject has changed
massively, adopting the principles behind the revolution and building on them in
a spectacular way. In this accessible and informative book, the authors guide the
student through what has become the conceptual and mathematical maze of modern macroeconomics.
It is intended primarily for the postgraduate student but will also be useful for
upper level undergraduates. It explains the basics of each topic and provides a solid
grounding for the student to tackle more complex and detailed material in the area.

The topics covered include:

an introduction to the traditional macro-classical macro/adaptive expectations

how to understand and solve standard macro models with rational expectations

implications of rational expectations for monetary and fiscal policy

the open economy

the new models of representative agents and real business cycles

the political economy of economic policy (the political business cycle) and independent central banks

the supply-side, unemployment and growth

empirical testing of the rational expectations hypothesis

the efficient markets hypothesis with empirical applications including bond and exchange markets

learning, time series-linear and nonlinear.

The topics covered include:

an introduction to the traditional macro-classical macro/adaptive expectations

how to understand and solve standard macro models with rational expectations

implications of rational expectations for monetary and fiscal policy

the open economy

the new models of representative agents and real business cycles

the political economy of economic policy (the political business cycle) and independent central banks

the supply-side, unemployment and growth

empirical testing of the rational expectations hypothesis

the efficient markets hypothesis with empirical applications including bond and exchange markets

learning, time series-linear and nonlinear.

**Advanced Macroeconomics**[книги]

Опубликовано на портале: 30-01-2003

*David Romer*

Boston: McGraw-Hill, 2002

David Romer;s Advanced Macroeconomics, 2e is the standard text and the starting point
for graduate macro courses and helps lay the groundwork for students to begin doing
research in macroeconomics and monetary economics. A series of formal models are
used to present and analyze important macroeconomic theories. The theories are supplemented
by examples of relevant empirical work, which illustrate the ways that theories can
be applied and tested. This well-respected and well-known text is virtually unique
in the marketplace.

**Advanced Microeconomic Theory**[книги]

Опубликовано на портале: 13-02-2007

*Geoffrey A. Jehle*,

*Philip John Reny*

Boston: Addison-Wesley, 2001, cерия "Addison-Wesley series in economics", 543 с.

This rigorous, up-to-date text on modern microeconomic theory presents all of the
core mathematics, neoclassical theory, game theory, and information economics needed
to access the modern professional literature. Complex theory is patiently and carefully
developed, then clearly explained and illustrated because even well-prepared students
benefit from additional math help. Careful explanations, efficient theorem-proof
organization, and many examples and exercises make this a uniquely effective text
for advanced courses. Students will appreciate the clear writing and accessible style.

Опубликовано на портале: 22-10-2003

The Econometric Society holds a World Congress every five years. The programme of
these congresses has traditionally included a series of invited symposia, where speakers
survey important recent advances in economic theory and econometrics. These two volumes,
with their focus on econometrics, and their companion volume on economic theory,
contain papers delivered at the Fifth World Congress held in 1985.